British chipmaker Arm is constructing its personal semiconductor to showcase the capabilities of its merchandise, because it seeks to draw new prospects and gasoline progress following its Preliminary Public Providing (IPO) later this yr, the Monetary Occasions reported on Sunday.
Arm will workforce up with manufacturing companions to develop the brand new semiconductor, FT stated, citing individuals briefed on the transfer, including that the corporate has constructed a brand new “options engineering” workforce that can lead the event of those prototype chips for cellular units, laptops, and different electronics.
The SoftBank Group-backed firm’s latest chip, on which it began work prior to now six months, is “extra superior” than ever earlier than, FT stated, citing business executives.
The chip designer has no plans to promote or license the product and is simply engaged on a prototype, FT stated.
Arm is a serious provider of mental property to many chip firms, particularly in cell phones and has partnerships with main chip contract producers.
Earlier this month, Intel stated it is going to work with Arm to make sure that cell phone chips and different merchandise that use Arm’s know-how may be made in Intel’s factories.
Arm didn’t instantly reply to a Reuters request for remark.
© Thomson Reuters 2023
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